credit rating withdrawal rationale
The credit rating of the series BO-01 (RU000A103FT7) bond issued by Alfa-Leasing Ltd. has been withdrawn due to the full redemption of this issue on July 28, 2022. Before the withdrawal, in accordance with ACRA’s methodology, an AA-(RU) credit rating was set for the bond, i.e. on par with the credit rating of Alfa-Leasing Ltd. The rating has been withdrawn without its concurrent affirmation.
The credit rating was previously assigned to the series BO-01 (RU000A103FT7) bond issued by Alfa-Leasing Ltd. under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Individual Issues of Financial Instruments on the National Scale of the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency Within the Scope of Its Rating Activities.
The credit rating of the series BO-01 (RU000A103FT7) bond issued by Alfa-Leasing Ltd. was published by ACRA for the first time on July 27, 2021.
The credit rating was assigned based on data provided by Alfa-Leasing Ltd., information from publicly available sources, and ACRA’s own databases. The credit rating is solicited, and Alfa-Leasing Ltd. participated in its assignment.
In assigning the credit rating, ACRA used only information, the quality and reliability of which were, in ACRA’s opinion, appropriate and sufficient to apply the methodologies.
ACRA provided no additional services to Alfa-Leasing Ltd. No conflicts of interest were discovered in the course of credit rating assignment.